Complexity - necessity of operations research, Operation Research

Assignment Help:

In a big industry the numbers of factors influencing a decision have increased situation has become big and complex because these factors interact with each other in complicated fashion. There is thus great uncertainty about the outcome of interaction of factors like technological environmental competitive etc. For instance consider a factory production schedule which has to take into account.

a. Customer demand.

b. Requirements of raw materials.

c. Equipment capacity and possibility of equipment failure and

d. Restrictions on manufacturing process


Related Discussions:- Complexity - necessity of operations research

Operation research, Model building is the essence of operation research app...

Model building is the essence of operation research approach. Comment

Strategies and od intervention techniques, QUESTION 1 Change strategies...

QUESTION 1 Change strategies and OD intervention techniques follow from diagnosis. An inappropriate intervention due to a faulty diagnosis may be very costly to an organization

Sampling decision, Normal 0 false false false EN-IN X...

Normal 0 false false false EN-IN X-NONE X-NONE

Integer programming, An integer programming problem is identical to a linea...

An integer programming problem is identical to a linear programming problem except that one or more decision variables are constrained to take integer values. Such problems cannot

Yates correction for continuity for 2x 2tables , Yates Correction for Cont...

Yates Correction for Continuity for  2x 2Tables If any cell frequency in  2x 2 table isles  than 5thenfor the application of X 2 test it  is pooled with the preceding or suc

Categories, what are the operation research?

what are the operation research?

Linear programming problem, Solve the following Linear Programming Problem ...

Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0

Mean deviation - measure of dispersion, MEAN DEVIATION Mean  deviati...

MEAN DEVIATION Mean  deviation of a series is the arithmetic  average of the  deviations of various  items  from the  median  or mean  of that series. Median is preferred

Narrowing the research problem, NARROWING THE RESEARCH PROBLEM You h...

NARROWING THE RESEARCH PROBLEM You have read how from a general topic we have arrived at the definition of the problem to be studied. Now we have to narrow it down furthe

Trade literature - classification of documents, Trade Literature: Trad...

Trade Literature: Trade literature consists of documents that give information on the processes and materials involved in the manufacture of a product, various types of produc

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd